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Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
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First portal in industry to offer lease payoff capability.
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Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
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AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
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A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
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CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.
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A second room block has been added for attendees of Agent Summit, following a full sell-out of the initial block.
Read More →Event organizers have released the roster of sessions that will make up the Participation & Reinsurance Symposium portion of the agenda.
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The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
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With thousands of dealerships enrolled nationwide, the ZERO Plan finances most F&I products, reduces chargebacks by 50%, provides up to 42 monthly installments and funds in 7 days.
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